Tips for Handling Burnout as an Entrepreneur

Owning your own business is a dream for some in order to work for only yourself, but it’s one that requires seemingly endless work. You don’t want to give up what you’re doing for even one minute, but the same go-getter mentality and unshakable ambition that got your company started can also lead to serious burnout. In the mental health world, burnout is a condition that refers to a state of exhaustion. 

This isn’t just feeling tired, as much as it’s a total lack of physical, mental and emotional energy that leaves you drained, unmotivated and can even worsen anxiety or lead to depression if left untreated. Burnout isn’t just part of the job, and you should never ignore your limits just because you’re a hard worker. You can still be a success while looking after yourself. In fact, by taking time to address your needs, practice self-care and routinely check-in with how you’re doing, you can achieve more and feel better doing it. 

Stay on Top of Finances

Money is one of the biggest sources of stress in life, especially if you’re running a business. Aside from professional costs, you should also think about your personal account. Are you able to easily fulfill your obligations each month and save, or do you feel crushed by the seemingly endless cycle of debt? If student loan debt has you down, consider refinancing to lower your monthly costs and interest rates. Research student loan refinance lenders to get free quotes and start taking some stress off your shoulders going forward.

Set Definitive Work Hours

You might feel like you are your business, but you have to remember that you’re a person outside of what you do for a living. It’s easy to let your phone become a third hand and always be texting, emailing or checking up on things even when you’re in bed or away from the office. Make sure that you maintain regular work hours, only putting in extra when they’re needed and not simply because you feel like you have to.

Make Time to Have Fun

On the same note, it’s also important to make sure your life doesn’t revolve solely around your company. You may be heavily invested in your career goals, but that doesn’t mean you aren’t still a person with other interests and desires. Reserve at least an hour a day to do something just for fun. It could be working on a crossword puzzle, reading a book or hitting the gym.

Talk to a Therapist if You Need One

There’s no shame in talking to a therapist. Just like you go to a doctor when you’re sick or a hairdresser when you want a professional cut, you see a therapist when you need help handling mental exhaustion or emotional difficulties. Therapists know how to help you find greater balance in your life without compromising your values. Today, you can even talk to therapists virtually on your phone if you can’t carve out time to visit their office.